Category: News

  • World’s Most Global Cities

    World’s Most Global Cities

    The Global Cities Index ranks 65 of the world’s most influential urban centers on five dimensions of globalization. New York, London, Tokyo, Paris, Shanghai and others all vied for top honors in business activity, human capital, information exchange, cultural experience, and political engagement.http://www.globalsherpa.org/best-world-city-list

  • China’s Banks Are Important for America, Too

    China’s Banks Are Important for America, Too

    We all realize by now that China’s economy matters greatly to America, directly affecting our trade, our investments, the value of the dollar, and inflation.http://www.brookings.edu/research/opinions/2012/04/27-china-banks-elliott

  • A Tipping Point for U.S.-Africa Commercial Relations

    A Tipping Point for U.S.-Africa Commercial Relations

    This week, senior government officials from sub-Saharan African countries have been meeting in Washington to deliberate on trade relations between Africa and the United States. The forum, organized by the African Union Mission in United States, was supposed to focus on the future of the African Growth and Opportunity Act (AGOA). The emerging consensus from…

  • Public Finance and the Energy Sector in India

    Public Finance and the Energy Sector in India

    Herbert Stein’s “Law” is expressed as: “If something cannot go on forever, it will stop.” From a public finance perspective, India’s energy sector challenges now encompass its federal structure in an almost “symmetric” manner. The petroleum sector has become a fiscal morass for the central government, and the electricity sector in many states is equally…

  • What the Current U.S. Political Dysfunction Means to and for Asia

    What the Current U.S. Political Dysfunction Means to and for Asia

    Asians know that the United States is the strongest country in the world; their question is how long it will remain so. The American genius has been, not to avoid major domestic errors, but to recover from them relatively quickly and emerge stronger than ever from the experience. Asian strategists now question whether the United…

  • Global Cities: The Drivers of Economic Growth

    Global Cities: The Drivers of Economic Growth

    Amidst the grim statistics, there is one piece of heartening news: a growing chorus of leaders understands that, to prosper, the United States must look beyond its borders and embrace a new growth model that fully engages the world and rising global wealth and demand.http://www.brookings.edu/up-front/posts/2011/10/20-global-cities-katz

  • The Long-Awaited Rise of India (podcast)

    The Long-Awaited Rise of India (podcast)

    With more than a billion citizens, a thriving economy and a rapidly modernizing military, India is swiftly becoming a growing force in geopolitics. Nonresident Senior Fellow Teresita Schaffer explores the country’s complex relationships with its neighbors in Asia and the Persian Gulf and describes how the increased competitive pressures of its economy will force the…

  • Staying the Course: U.S. – Africa Relations

    Staying the Course: U.S. – Africa Relations

    U.S.-Africa relations have certainly been on the front burner in recent weeks. On June 6, U.S. President Barack Obama hosted Nigerian President Goodluck Jonathan at the White House. The next day, President Obama also hosted Gabonese President Ali Bongo Ondimba. Four days later in Zambia, U.S. Secretary of State Hillary Clinton addressed participants at the…

  • Don’t Just Stick a Band-Aid on the Global Talent Gap

    Don’t Just Stick a Band-Aid on the Global Talent Gap

    According to a story on CBS Evening News this week, there are “plenty of jobs if you’ve got the right skills,” pointing out that companies in the U.S. have thousands of technology-based job openings without enough skilled people to fill them. But if companies are serious about tackling the global talent gap, especially in developing…

  • Europe’s Fast Track into the Third World

    Europe’s Fast Track into the Third World

    The sovereign debt crisis in Europe has sparked a heated debate about how to finance rescue packages without creating incentives for fiscal misbehavior by EU member governments and how to place some of the bailout burden on private investors who buy the sovereign bonds of countries running unsustainable budget deficits.http://www.brookings.edu/up-front/posts/2010/12/08-europe-debt-rieffel